Lynn Parsons is a partner in McCarthy Tétrault’s Financial Services Group in Toronto. Recognized as a leading lawyer in project finance by Chambers Canada and Chambers Global, in Energy (Electricity), Project Finance, Infrastructure Law and Banking & Financial Institutions by The Canadian Legal Lexpert Directory, and in the Lexpert Special Editions: Infrastructure and Energy, Lynn has unparalleled project finance experience and works with clients (including developers, lenders, borrowers and other investors) in the infrastructure and energy sectors across Canada to provide strategic solutions on sophisticated project financing matters. She is a co-founder and steering committee member of Women In Energy Canada (WIECAN).
RECENT TRANSACTIONS
- The lenders to First Nation LP, a partnership consisting of 24 First Nations, in connection with the financing of First Nation LP’s equity investment in the Wataynikaneyap Transmission Line Project, the largest First Nations-led infrastructure project in Canadian history. The transaction was awarded IJGlobal’s 2019 North America Transmission Deal of the Year.
- Canada Infrastructure Bank in connection with its investment in the 250 MW Oneida Energy Storage Project, currently the largest battery energy storage project in Canada and jointly owned by NRStor, Six Nations of the Grand River Development Corporation, Northland Power and Aecon Concessions.
- Canada Infrastructure Bank in connection with its $52 million credit facility for the refurbishment of the Thompson Regional Airport under its Indigenous Community Infrastructure Initiative.
- The lenders in connection with the financing provided for the development and construction of four 10 MW ground-mounted solar projects located in northern Ontario that are partially owned by two First Nations.
- The lenders in the financing of the Yellow Falls hydroelectric dam project. The project was developed by an independent power producer alongside two First Nation partners.
- The lenders in connection with the financing provided to a 25 MW wind farm located in Ontario jointly owned by an independent power producer and an Ontario First Nation.
- The lender in connection with the financing of the new Port Stalashen Wastewater Treatment Plant, located on Shíshálh Nations lands and operated by Shíshálh Nation Government District.
- The lenders in connection with the financing provided for the construction and development of last-mile broadband network in the region of Huron Shore and Manitoulin Island, Ontario which will enhance broadband capacity to underserviced communities including a number of Indigenous communities.
- Canada Infrastructure Bank in connection with a $50 million financing for energy retrofit projects across the University of Toronto’s St. George Campus in downtown Toronto.
- The lender in connection with the financing provided to Valley Fibre for the enhancement of telecommunication services in underserviced regions in Manitoba, a transaction that was awarded IJ Global Telecoms Deal of the Year 2021.
- The borrower in connection with a $832 million refinancing of a 870 MW gas fired combined cycle power generation facility in Ontario which project won Project Finance’s 2013 North American Single Asset Deal of the Year Award.
- The lenders in connection with the $102.7 million loan for the construction and operation of a 36 MW bioenergy power generation facility in British Columbia.
- The lenders in connection with a $180 million loan to finance the construction and operation of a 62 MW run of the river hydroelectric generating facility located in British Columbia.
- The lenders in connection with a $1.1 billion multi-sourced project finance for a Canadian renewable power generation portfolio achieved through three separate financings, with two of the financings provided by Canadian life insurance companies and one by a foreign ECA and a syndicate of Japanese commercial banks.
Lynn received her LLB (cum laude) from the University of Ottawa in 2001. She is a member of the Law Society of Ontario as well as the Canadian and Ontario Bar Associations. She completed the Rotman School of Management (University of Toronto) Business Leadership for Women Lawyers Program in April 2011 and the Osgoode Certificate in Mining Law in 2013.
Awards & Rankings
Chambers Global
Leading Lawyer: Project Finance - Canada
Chambers Canada
Leading Lawyer: Project Finance
The Canadian Legal Lexpert Directory
Leading Lawyer: Energy (Electricity), Project Finance, Infrastructure Law, Banking & Financial Institutions
Lexpert Special Edition: Infrastructure
Leading Lawyer
Lexpert Special Edition: Energy
Leading Lawyer
Lexpert Special Edition: Mining
Leading Lawyer